38242 Map

38242 Income Statistics

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Comparison to Surrounding Areas

38242 Median Household Income

The median household income ($44,833) for 38242 is less than the median household income for 38256 ($50,625), 38241 ($54,091), 38251 ($52,759), 38201 ($46,585), 38222 ($54,980), 38224 ($58,828), 38225 ($50,150), 38229 ($56,161), 38236 ($56,771), Weakley County ($49,502), and Henry County ($48,540). But it's more than 38231 ($38,810), Paris city ($39,365), and Whitlock CDP ($-1).

38242$44,833
Paris city$39,365
Whitlock CDP$-1
Henry County$48,540
Weakley County$49,502

38242 Average Household Income

The average household income ($68,763) for 38242 is less than the average household income for 38222 ($78,779), 38224 ($77,946), and 38241 ($78,690). But it's more than 38256 ($64,244), 38229 ($65,487), 38231 ($50,059), 38236 ($66,870), 38251 ($64,092), 38201 ($67,341), 38225 ($60,083), Weakley County ($63,928), Henry County ($67,325), Paris city ($60,637), and Whitlock CDP ($-1).

38242$68,763
Paris city$60,637
Whitlock CDP$-1
Henry County$67,325
Weakley County$63,928

38242 Per-Capita Income

The per-capita income for 38242 is $29,621. The per capita income ($29,621) for 38242 is less than the per capita income for 38222 ($33,452), 38224 ($32,702), 38236 ($30,683), 38241 ($30,468), and 38256 ($31,209). But it's more than 38251 ($27,193), 38201 ($25,498), 38225 ($25,754), 38229 ($27,844), 38231 ($20,247), Weakley County ($26,807), Henry County ($29,136), Paris city ($27,557), and Whitlock CDP ($-1).

38242$29,621
Paris city$27,557
Whitlock CDP$-1
Henry County$29,136
Weakley County$26,807

38242 High Income Households

4.6% of households make over $200,000 a year. The percent high income households (4.6%) for 38242 is less than the percent high income households for 38201 (5.0%) and 38222 (8.7%). But it's more than 38256 (3.5%), 38231 (1.1%), 38236 (0.0%), 38241 (2.5%), 38251 (0.8%), 38224 (3.9%), 38225 (2.1%), 38229 (1.4%), Weakley County (2.6%), Henry County (3.9%), Paris city (3.2%), and Whitlock CDP (0.0%).

382424.6%
Paris city3.2%
Whitlock CDP0.0%
Henry County3.9%
Weakley County2.6%

38242 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38242$21,618$49,943$54,479$37,584
Paris city$21,667$41,262$53,810$30,526
Whitlock CDP$-1$-1$-1$-1
Henry County$36,310$53,804$54,521$39,263
Weakley County$28,979$48,824$66,883$41,643

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 38242 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
38242+/-$5,509+/-$5,216+/-$1,890+/-1.3%+/-$10,565+/-$8,522+/-$13,640+/-$9,637
Paris city+/-$4,335+/-$6,891+/-$2,930+/-1.6%+/-$18,571+/-$8,362+/-$18,806+/-$7,211
Whitlock CDP+/-$-1+/-$-1+/-$-1+/-77.8%+/-$-1+/-$-1+/-$-1+/-$-1
Henry County+/-$2,778+/-$3,333+/-$1,343+/-1.0%+/-$3,100+/-$7,414+/-$7,577+/-$6,055
Weakley County+/-$2,298+/-$3,201+/-$1,206+/-0.9%+/-$5,121+/-$4,343+/-$5,652+/-$7,091